Business Insurance
Keyperson Insurance
A Keyperson is an employee whose expertise, knowledge and contacts are key to the continued financial success of the company.
Keyperson Insurance assists the survival of the company on the death or diagnosis of a serious illness of a key employee by compensating that company for any anticipated financial loss on the occasion of either of these events.
This cover is designed to minimise the financial impact of losing a key employee as a result of death or illness.
BHP Insurances can provide you with the solution to this problem and work with your company to arrange protection.
Shareholders / Co-Directors Insurance
The premature death of a shareholder can have serious financial implications for the remaining shareholders as well as the family of the deceased.
The family may want sell their share and unless the existing shareholders have the funds available to purchase these shares, the family may have to sell to a third party or possibly a competitor.
BHP Insurances can provide advice on putting cover in place to protect both the remaining shareholders and the deceased's family.